Top 9 Richest Person In India 2016-17

India is one of the biggest countries in the world and there are number of richest personality present in India. They are not only prominent as the richest person in India but also in all over the world. Most of them also stand in the list of top richest person in the world. There are two type of richest person present in India, one who has born with silver spoon in their mouth and other who worked hard and became bilinear. It is not easy to become bilinear, as this is one of the tough works in India. They became bilinear because while others were sleeping they were working hard. This is the place to know about the top 9 richest persons in India 2016-2017. I have arranged a list of top 9 richest personalities below.

1 – Mukesh Ambani (Net Worth:  $22.3 Billion)

Not only is Mukesh the richest man in India but he is also the richest man in all of Asia. Born in Yemen in 1957 to parents Dhirubhai and Kokilaben Ambani, Mukesh would early on be interested in studying chemicals. After he graduated from high school he went on to study at the Institute of Chemical Technology where he earned his Bachelor of Engineering degree in Chemical Engineering. After receiving his degree he went on to study abroad in the United States where he got accepted to Stanford University. He had enrolled for a Master of Business Administration degree but ended up dropping out instead to return to India and help his father start up his own business.

2- Dilip Shanghvi ( Net Worth: $17.5 Billion )

Dilip Shanghvi is second richest person in 2016-17 in India who holds a net worth of 17.5 Billion under his name. He is the owner of well known pharmaceutical company Sun Pharmaceuticals in India. Dilip is not only doing business of drugs in India but he has also Pharma companies in United States and Israel.

3 – Azim Premji (Net Worth: $16.5 Billion)

Azim Premji was born in 1945 to father Mohamed Premji. In the same year that Azim was born, his loving father created a business that manufactured vegetable products in India. Azim wasn’t all that interested in the business as he was more interested in engineering. As he got older he moved to the United States to attend Stanford University. It was here that he earned a Bachelor’s of Science in Electrical Engineering degree. Right after his education ended, Azim’s father tragically passed away due to health problems. Azim returned home and rather than continuing in the field of his choice he continued manufacturing vegetable products at his father’s company. When he took over he started to expand the business by also manufacturing soap and hydraulic cylinders

4 – Pallonji Mistry (Net Worth: $14.7 Billion)

Pallonji Mistry was born in 1929 and when he was only a few years old his father purchased 18.4% shares of the law firm Tata Sons. The law firm would go on to belong to Tata Group, the largest conglomerate group in all of India. Since his father has sadly passed, the shares passed on to Pallonji, thus making him the largest shareholder of the largest conglomerate group which helps contribute to his multi-billion dollar fortune.

Outside of being a large shareholder, Mistry also owns Shapoorji Pallonji Group, the largest business conglomerate in India which oversees lots of construction and real estate. The company itself is known for building a lot of Mumbai’s largest banks, including: Reserve Bank of India, Hong Kong Bank and Gridlay’s Bank. The group also helped pay for repairs after terrorists attempted to destroy the Taj Matal in 2008 and just recently began an affordable homes program.

5– Shiv Nadar (Net Worth: $12.9 Billion)

Shiv Nadar was born in Tamil Nadu, India in the year 1945. From a young age he was very bright and got accepted to admission at the Town Higher Secondary School. From then on he went to Town High School and then received his pre-University degree at The American College. After graduating from there he went on to study at the PSG College of Technology in Coimbatore, India where he received his degree in Electrical and Electronics Engineering. His bright career was just about to begin as he landed a job at an engineering group, although his tenure there wouldn’t last long as he made the decision to start his own business with several of his trusted friends.

6 – Godrej Family (Net Worth: $11.4 Billion)

The Godrej Group is a huge conglomerate that deals with consumer products, furniture, security, industrial engineering, agricultural products and real estate. Something this diverse can’t be managed by a single person so instead it is managed by three members from the Godrej family. The original founders of this group are Ardeshir Godrej and his brother Pirojsha Burjorji Godrej. Together they helped bring this goliath of a business to life all the way back in 1897. Today it is run by their descendants, three men two whom are brothers and one who is their cousin whose names are Adi Godrej, Nadir Godrej and Jamshyd Godrej.  On their own they are worth billions of dollars but considering this is a joint company they are all together worth more than $11 Billion.

7- Lakshmi Mital (Net Worth: $11.2 Billion)

Lakshmi Mital is the board member of one of the top global investment banking firm Goldman Sachs in India. Once he was the 6th richest person in the world but today he is on 82nd position in world ranking. He is the chief organizer of United Kingdom based steelmaking company Arcelor Mittal in the world. His total net worth in 2016 is more than 11.2 Billion.

8 - Cyrus Poonwalla ( Net Worth: $8.5 Billion)

Cyrus Poonwalla is the owner of Poonwalla Stud Farms in India. He is also one of the richest persons in India and has a net worth of 8.5 Billion. Cyrus is also the chairperson of Poonwalla Group which owns a numer of biotech companies in India. He has received Padma Shri from government of India for his contributions.

9 – Kumar Birla (Net Worth: $7.8 Billion)

Kumar Birla was born in 1967 in Rajasthan and hails from a family that has some of the richest history in all of India. The family line originally began only a few generations ago and stems from a long line of wealthy businessmen. Throughout his childhood, Kumar would travel from place to place but mainly residing in Kolkata and Mumbai. From an early age he wanted to continue his family’s line of work by majoring in accounting. He went on to receive a Bachelor of Commerce from the University of Bombay in Chartered Accounting and then proceeded to obtain an MBA from London Business School.